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1201 S Conwell Ave
Willard, OH 44890
Country Hearth · Hospitality Property For Sale · 18,288 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.21 AC
Building Size 18,288 SF
No. Stories 2
Year Built 1999
Parking Ratio 6.23/1,000 SF
Corridor Interior
Zoning Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Restaurant
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ABOUT 1201 S CONWELL AVE , WILLARD, OH 44890

CBRE Hotels is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the two story, interior corridor, 116-room Country Hearth. The property has amenities such as complimentary breakfast, complimentary WiFi, on-site cafe, business center, and fitness center. Rooms feature a mini-fridge, coffeemaker, cable TV, iron & ironing board, desk with lamp and recliner. Suites feature a separate sitting area and sofa bed. Area attractions include Dynasty Lanes Bowling Alley, Willard Golf Club, Woody Ridge Golf Course, and Attica Raceway Park. Highlights Strong historical revenues with the three year average equating to $1.5M Great in place cash flow with September TTM NOI at $471,528 and a 3 year average NOI of $443,136 Billboard visibility off US 224 in the heart of Willard Walkable to multiple F&B outlets Variety of debt may be available with SBA 7(a), conventional and USDA Proximate to Mercy Willard Hospital

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-003H-01-013-0200
Land Assessment
$69,920
Improvements Assessment
$1,157,830
Total Assessment
$1,227,750
  • Listing ID: 17914895

  • Date on Market: 12/9/2019

  • Last Updated:

  • Address: 1201 S Conwell Ave, Willard, OH 44890

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